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Mercedes-Benz, BMW both post record September sales

Not only are the German horsepower wars still going strong, but if this next bit of news isn't evidence of German sales wars, then we don't know what is. BMW sold 189,675 vehicles worldwide during the month of September, an increase of 6.7 percent over the previous year, which also made it the best September sales month for the automaker. This comes with a small asterisk -- namely, that figure includes Mini and Rolls-Royce sales, though if we're talking just BMW-badged vehicles, the September sales totaled 158,029 (still a 7.6 percent increase over September of 2012).

Remember this day in GM history: The next century of automotive success starts now

President Obama's administration made history today with what some see as nothing short of government meddling in the affairs of big business. What I see is something else: I see the administration showing that it is serious and raising the level of concern from yellow to orange. Now there is a firm deadline and a message to bondholders, United Auto Worker union members and the American public: Do not be surprised if in the next 30 days--or even sooner-General Motors files for a controlled bankruptcy.

Confirmed: Lexus RC (IS Coupe) arriving at Tokyo Motor Show – RC F V8 planned too

The Lexus RS Coupe, previewed by the LF-CC (pictured) arrives in November The concept version of the new Lexus IS was the LF-CC Concept, which was shown at the Paris Motor Show last year. But the LF-CC was actually a two-door coupe, not a four door saloon, so it seemed highly likely there was an IS Coupe in the works that would arrive sooner rather than later. And it will, at the Tokyo Motor Show in November.